Portage Point Partners Engaged in Five High-Profile Chapter 11 Filings Since July 1

Portage Point Partners, a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, is serving as restructuring advisor in five recent and notable Chapter 11 cases – Merit Street Media, Linqto, Maverick Gaming, Wag! and Avant Gardner. These engagements underscore the firm’s reputation for delivering transformative solutions in complex, high-stakes environments. Portage Point is providing restructuring advisory services to all five clients and investment banking services to Merit Street Media and Avant Gardner.

	Merit Street Media, a multi-cast television network and streaming service, filed on July 2, 2025 in the Northern District of Texas.
	Linqto, a digital investment platform, filed on July 7, 2025 in the Southern District of Texas.
	Maverick Gaming, a regional gaming operator, filed on July 14, 2025 in the Southern District of Texas.
	Wag!, a technology platform for on-demand pet care services, filed on July 21, 2025 in the District of Delaware.
	Avant Gardner, the operator of New York’s club Brooklyn Mirage, filed on August 4, 2025 in the District of Delaware.

“Our involvement in these diverse Chapter 11 cases across a variety of industries highlights the continued growth and trusted reputation Portage Point has earned as a partner for companies navigating the most urgent and complex operational and financial challenges,” commented Tom Studebaker, Managing Director and Co-Head Turnaround & Restructuring Services at Portage Point.

“The ability to advise on both the investment banking and restructuring aspects of Merit Street and Avant Gardner allows us to deliver integrated strategic and financial guidance, aligning operational turnaround efforts with investment banking solutions,” added Jason Cohen, Managing Director and Head of Investment Banking at Portage Point. “This unified approach enhances communication, eliminates redundancies and expedites the Chapter 11 process, while helping to reduce overall advisory costs.”

Learn more about the Turnaround & Restructuring Services and Investment Banking practices.